Clearwire Corp. (CLWR) witnessed a surge in its stock price this morning following another published report indicating a possible acquisition by current majority owner Sprint Nextel Corp. (S)Clearwire's stock was up more than 35% in early trading after Bloomberg released a story indicating...
Could Sprint Nextel Corp. (S) be readying a new infusion of cash into Clearwire Corp. (CLWR)?According to a report in the Wall Street Journal, Sprint Nextel’s board of directors expects to make a “substantial” investment in Clearwire.Clearwire reported last week that it was looking...
Clearwire Corp. (CLWR) looked within for new leadership announcing the promotion of current COO Erik Prusch to president and CEO of the company. Prusch will replace industry veteran John Stanton, who will be moving to his new position as executive chairman of Clearwire's board...
Editor's Note: Welcome to our weekly Reality Check column. We've gathered a group of visionaries and veterans in the mobile industry to give their insights into the marketplace.It took a strong stomach to just get through last week. In a single trading day, stocks...
In this week's mobile news weekly RCR takes a look at the recent developments in the AT&T/T-Mobile merger, spends some time up in the NorthWest to find out what makes Seattle such a mobile hotspot, and brings you the highlights from RCR's Global Tour...
The stock market is poised for a disastrous week, following previously disastrous weeks and a first-ever downgrade of America's debt by Standard & Poor's Financial Services LLC last Friday.In the last month, the Dow Jones Industrial Average has declined 11.83% and in the last...
UPDATED: Editor's Note: With all of the domestic industry's public, facilities-based operators having announced second quarter results we decided to provide a quick snapshot of how the quarter stacked up.Verizon Wireless (106.3 million connections)Quick facts: Posted 2.2 million net additions for the quarter, including...
American Tower Corp. (AMT) grew revenue 27% to $597.2 million, driven by increased LTE buildout activity from AT&T Mobility and Verizon Wireless. The company slightly raised its guidance for the year. The company reported operating income was up 19.6% in the quarter, compared to...
Editor's Note: Welcome to our weekly Reality Check column. We've gathered a group of visionaries and veterans in the mobile industry to give their insights into the marketplace.
It was a morbid week for Sprint Nextel Corp. (S) and Clearwire Corp. (CLWR), no doubt about...
After months of rumors, LightSquared’s plans to speed up its proposed network deployment seem to have found some solid ground as the company has announced a 15-year, “spectrum hosting and network sharing” agreement with Sprint Nextel Corp. (S)The deal calls for Sprint Nextel to...
Editor's Note: Welcome to our weekly Reality Check column. We've gathered a group of visionaries and veterans in the mobile industry to give their insights into the marketplace.One of the great things about summer, especially this year’s Midwest rainfest, is watching things grow. Trees,...
Fast Internet without wiring has become competitive and even less expensive than traditional cable and DSL offerings – but can it work for you? Clearwire Corp.'s Clear's 4G offering is coined as 'super fast take it with you' Internet.I've been working with the Clear...
PHILADELPHIA – Timing, scale and the long-term sustainability of a business and business model are key factors to betting right in the mobile broadband business, panelists agreed at RCR Wireless News' Global Mobile Broadband Tour and Conference Philadelphia. And it's good to own spectrum...
PHILADELPHIA – Is there anything more exciting than a network speed test? We here at RCR Wireless News think not and to prove that we decided to conduct such a test during our recent visit to Philadelphia as part of the RCR Wireless News...
PHILADELPHIA – Is there anything more exciting than a network speed test? We here at RCR Wireless News think not and to prove that we decided to conduct such a test during our recent visit to Philadelphia as part of the RCR Wireless News Global Tour.
Sprint Nextel Corp. (S) reduced its voting shares in Clearwire Corp. (CLWR) in a move designed to ease concerns that Clearwire was a subsidiary of Sprint. Sprint now has 48.9% voting shares in Clearwire. Comcast Corp. (CMCSK) entities own the next largest amount...
Clearwire Corp. (CLWR) said it plans to transition more of its customer care operations to current partner TeleTech Holdings Inc. that could impact approximately 700 employees.Clearwire noted that the expansion of its current agreement calls for TeleTech to take over management of Clearwire’s day-to-day...
Cox Wireless’ ambitious plans have taken a detour as the carrier has decided to abandon plans to build out its own 3G network in favor of relying on a wholesale agreement with Sprint Nextel Corp. (S).The company said the move will help it focus...
Clearwire Corp. (CLWR) said L.M. Ericsson (ERIC) will manage its network in a seven-year deal, following in partner Sprint Nextel Corp.'s (S) decision to let Ericsson manage its network in 2009. The value of the contract was not announced. Clearwire stock was...
Hello! And welcome to our Friday column, Worst of the Week. There's a lot of nutty stuff that goes on in this industry, so this column is a chance for us at RCRWireless.com to rant and rave about whatever rubs us the wrong way....
Editor's Note: To provide readers with an insight into the world of wireless in regional locales, RCR Wireless News sends its editorial staff not only to trade shows but to metropolitan regions as well, giving insight into how mobile broadband is changing the way...
According to Intel Corp.'s (INTC) investment group Intel Capital, the company will shed up to 10 million shares of stock in Clearwire L.L.C (CLWR).The world's largest chip mogul, which owns 10% of Clearwire with 36.8 million Class A shares and 65.6 million Class B...
Editor's Note: Welcome to our weekly Reality Check column. We've gathered a group of visionaries and veterans in the mobile industry to give their insights into the marketplace.You’ve heard them all on television and radio: “AT&T, the nation’s fastest mobile broadband network, is getting...
Despite claims that a sale was nearly finalized, Clearwire Corp. (CLWR) has backed away from its plans to sell off spectrum assets in an attempt to raise funds for future growth. This was the statement from acting CEO John Stanton, who said during the...
